L’Oreal (OTCMKTS:LRLCY) Upgraded to Strong-Buy at Rothschild Redb

Rothschild Redb upgraded shares of L’Oreal (OTCMKTS:LRLCY) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

LRLCY has been the subject of several other reports. JPMorgan Chase & Co. raised shares of L’Oreal from an “underweight” rating to a “neutral” rating in a research note on Thursday, July 31st. Rothschild & Co Redburn upgraded shares of L’Oreal from a “neutral” rating to a “buy” rating in a research note on Tuesday. Jefferies Financial Group restated an “underperform” rating on shares of L’Oreal in a research note on Tuesday, October 21st. DZ Bank upgraded shares of L’Oreal from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Finally, Erste Group Bank cut L’Oreal from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

L’Oreal Stock Up 1.5%

Shares of LRLCY opened at $86.52 on Tuesday. L’Oreal has a twelve month low of $66.64 and a twelve month high of $95.10. The company has a 50 day moving average of $85.60 and a 200-day moving average of $87.05. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.15.

About L’Oreal

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.